Study: Deals on Used Electric Cars, Plug-in Hybrids Sizzle
CARS.COM — Everyone else is snapping up SUVs and pickup trucks like gas is gonna be cheap forever, so now’s your chance to get a near-new electric vehicle or plug-in hybrid for half the charge. A study of more than 2 million cars by automotive research website iSeeCars.com revealed that a “newly used” Nissan Leaf in some cases is going for less than $13,000 compared with its nearly $30,000 price tag on the dealer lot.
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The Detroit News reported that prices on electric vehicles and plug-in hybrids that are 1 to 3 years old have “hit a sweet spot,” with the average price dropping an average of $3,830 – nearly 16 times the average price reduction on newly used gas-powered vehicles. That’s largely due to the abundance of used electrics and hybrids in stock as car buyers get accustomed to the persistently low gas prices of recent years.
Get the full story from The Detroit News, here.
